• Animoca Brands plans to go public next year through a reverse merger.
• Founder Yat Siu believes altcoins will outperform Bitcoin as a group
• The company positions itself as a vehicle to gain exposure to Web3, gaming, DeFi, and AI altcoins.
• Animoca compares its strategy to investing early in Amazon, Google, and Alibaba.
• It holds over 600 investments, with gaming as its largest category.

Animoca Brands is preparing for a major step in 2025 by planning to go public through a reverse merger. According to founder Yat Siu, the company wants to position itself as a gateway for investors who want exposure to the broader altcoin market, not just Bitcoin. Siu believes that altcoins, when viewed as a group, will eventually outperform Bitcoin because they power many real applications across the crypto industry.

In an interview, Siu compared Bitcoin to gold — a strong store of value but limited in everyday utility. He explained that while Bitcoin holds a dominant role, most real activity and growth in crypto come from altcoins. These include tokens used in Web3 gaming, decentralized finance, layer-1 networks, infrastructure protocols, and even memecoins. Siu stressed that no one joins the crypto industry “just to hold Bitcoin,” but rather to use the applications built on various altcoin ecosystems.

Animoca Brands believes it is positioned like an early-stage investor in the next generation of major digital companies. Siu compared today’s crypto environment to the early 2000s internet era, when investors had opportunities to buy into companies like Amazon, Google, eBay, and Alibaba before they dominated the market. Instead of betting on one winner, Animoca aims to build a large and diverse portfolio to capture the leaders of tomorrow.

The company already has one of the biggest investment portfolios in the Web3 space. Out of 628 projects it has invested in, 230 are related to gaming — which remains its strongest focus. Animoca also holds investments in DeFi, AI, decentralized infrastructure, and blockchain networks. Siu said the company often gains access to altcoins at much earlier and lower valuations than regular investors, and going public will allow shareholders to indirectly benefit from that early exposure.

Animoca’s move toward a public listing comes as the company plans a reverse merger with Currenc Group, a publicly traded fintech firm focused on AI. A Nasdaq listing through this structure would make Animoca one of the most visible Web3 investment companies in traditional markets, offering mainstream investors a simple way to gain diversified exposure to the altcoin ecosystem.

Final Thought

Animoca Brands sees the future of crypto as a broad ecosystem, not a single-asset race. By going public and expanding its investment reach, the company wants to become one of the main entry points for anyone who believes in the long-term growth of altcoins, gaming, and Web3 innovation.